Weto Rural Bank improves on performance

The Weto Rural Bank in the South Dayi District has raised its net profit to 215,658.47 cedis (449 percent) in 2009 up from 39,304.32 cedis in 2008. The performance arose out of Treasury bill investments where the rates doubled during the…

Gold inches up on firm euro

Gold inched up in thin trade on Tuesday as the euro held firm against the U.S. dollar, but the metal was stuck in a familiar range as it struggled to clear a recent high above $1,130 an ounce. Silver, platinum and palladium lost strength…

Japan said to plan debt level reduction

The Japanese government will set incremental goals to reduce its heavy reliance on debt in its upcoming fiscal strategy, the Nikkei business daily reported on Tuesday, citing a draft of the plan. Credit ratings agencies have threatened…